What Renewable Energy Price Shock? UN Urges Fossil Fuel Extractors to Slash Production

Guest essay by Eric Worrall

As the USA, Britain, Europe and China reel from a self inflicted renewable energy failures, the United Nations has doubled down on stupid by demanding producers slash production by 45% by 2030, to save the world from global warming.

Climate change: Fossil fuel production set to soar over next decade

By Matt McGrath
Environment correspondent

Plans by governments to extract fossil fuels up to 2030 are incompatible with keeping global temperatures to safe levels, says the UN.

The UNEP production gap report says countries will drill or mine more than double the levels needed to keep the 1.5C threshold alive. 

Oil and gas recovery is set to rise sharply with only a modest decrease in coal. 

There has been little change since the first report was published in 2019.

With the COP26 climate conference just over a week away, there is already a huge focus on the carbon-cutting ambitions of the biggest emitters. 

But despite the flurry of net zero emission goals and the increased pledges of many countries, some of the biggest oil, gas and coal producers have not set out plans for the rapid reductions in fossil fuels that scientists say are necessary to limit temperatures in coming years.

Earlier this year, researchers from the Intergovernmental Panel on Climate Change (IPCC) warned of the dangers for humanity of allowing temperatures to rise by more than 1.5C this century. To keep under this threshold will require cuts in carbon emissions of around 45% by 2030 based on 2010 levels. 

“The research is clear: global coal, oil, and gas production must start declining immediately and steeply to be consistent with limiting long-term warming to 1.5C,” says Ploy Achakulwisut, a lead author on the report from the Stockholm Environment Institute. 

Read more: https://www.bbc.com/news/science-environment-58971131

Can there possibly be a stronger indication that the UN has reached the end of its useful life, than pushing a report urging more cake consumption in the midst of a bread shortage? Or in the UN’s case, slashing fossil fuel production in the middle of a fossil fuel supply crisis?

Any government which attempts to act on the UN report will be removed by their own people. There is only so much “climate action” ordinary people can take.

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Tom Abbott
October 21, 2021 5:54 am

From the article: ““The research is clear: global coal, oil, and gas production must start declining immediately and steeply to be consistent with limiting long-term warming to 1.5C,” says Ploy Achakulwisut, a lead author on the report from the Stockholm Environment Institute. ”

We all know that is not going to happen. The real world is currently ramping up production of coal, oil and gas.

It doesn’t look like we are going to make your goal, Ploy. Now what are you going to do?

ResourceGuy
October 21, 2021 6:17 am

What’s in your wallet? The UN wants to know.

ResourceGuy
October 21, 2021 6:42 am

Climate Crusades reporting is really a global intelligence test about what is missing in each part of the narrative. The less critical thinking the higher your score, which is then used as a quantitative metric for more agenda marketing news.

Power Plant Workers Embrace Change as Industry Adds Renewable Energy (yahoo.com)

ResourceGuy
October 21, 2021 6:54 am
October 21, 2021 7:37 am

The UN, an organization theoretically created to work for the welfare of people, is now dedicated to creating a world where nearly 8 billion people cannot afford to feed, warm or shelter themselves. When did the UN decide it’s mission was to exterminate modern society and end the lives of the majority of our brothers and sisters? How do they look themselves in the mirror? This latest atrocious pronouncement comes at a time when the inevitable outcomes of their recommendations are already visible as the price of energy and all energy-dependent goods rises rapidly making life harder and harder for the poorest among us. The UN has become one of the most ignorant and evil organizations ever devised. Their excuse: a mild one degree C and a bit rise in global temperature that is likely due to mainly natural forces and which has made the world a better place for all.

colin p
October 21, 2021 8:02 am

unfortunately we are way past the time when people could remove incompetent government. the elites do what they do because they know people have become vassals. Greta can remove a government, but not the people.

John the Econ
October 21, 2021 12:25 pm

If this crisis is as dire as they say it is, then the UN complex should be disconnected from the grid immediately. They should be leading by example instead of making empty pronouncements.

Walter Sobchak
October 21, 2021 1:17 pm

The UN is 76 years past the end of its useful life.

US out of UN

UN out of US

Bob Hunter
October 22, 2021 8:32 am

The Net Zero Solution is very simple: Everyone must live in multi family dwellings, take public transit, 2 cell phone & 2 TV limit per family. Maximum size per Condo – 1000 sq ft. But we will allow exceptions for the Bloombergs, Gores etc. Anyone with more than 1000 sq ft will pay an annual $1000/ sq ft carbon tax for every sq ft over a thousand. For those owning their own vehicle the tax will be $10,000 per year.
Obviously ridiculous, but just as ridiculous as the Paris Climate Accord.